Who maintains BRS (Bank Reconciliation Statement) ?
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Answer Posted / prajapati pravin
BRS is maintained by individual or current a/c
holder.because we want tally our a/c with bank statement.
Ex. If we issue cheque today (16/02/2009) to other party
then he deposite in the bank after two days and it will
clear on 03/03/2009 that day,hence we want accounting of
feb. then he has to take help of Reconcilation (BRS)
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